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Estimated Age Effects in Athletic Events and Chess

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Abstract

Rates of decline are estimated using record bests by age for chess and for various track and field, road running, and swimming events. Using a fairly flexible functional form, the estimates show linear percent decline between age 35 and about age 70 and then quadratic decline after that. Chess shows much less decline than the physical activities. Rates of decline are generally larger for the longer distances, and for swimming they are larger for women than for men. An advantage of using best-performance records to estimate rates of decline is that the records are generally based on very large samples. In addition, the age range is large. In this study the age range is 35 to 100 for swimming, 35 to 98 for track and field and running, and 35 to 94 for chess. The estimates also do not suffer from traditional forms of selection bias.

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File URL: http://cowles.econ.yale.edu/P/cd/d14b/d1495.pdf
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Bibliographic Info

Paper provided by Cowles Foundation for Research in Economics, Yale University in its series Cowles Foundation Discussion Papers with number 1495.

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Length: 27 pages
Date of creation: Nov 2004
Date of revision: Feb 2006
Publication status: Published in Experimental Aging Research (2007), 33(1): 37-57
Handle: RePEc:cwl:cwldpp:1495

Note: CFP 1212.
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Keywords: Aging; Biological capacity;

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  1. Fair, Ray C, 1994. "How Fast Do Old Men Slow Down?," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 103-18, February.
  2. Schmidt, Peter, 1976. "On the Statistical Estimation of Parametric Frontier Production Functions," The Review of Economics and Statistics, MIT Press, vol. 58(2), pages 238-39, May.
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Cited by:
  1. Fabrizio Castellucci & Giovanni Pica, 2009. "The Age-Productivity Gradient: Evidence from a Sample of F1 Drivers," CSEF Working Papers 226, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
  2. Ray C. Fair, 2005. "Estimated Age Effects in Baseball," Cowles Foundation Discussion Papers 1536, Cowles Foundation for Research in Economics, Yale University, revised Mar 2007.

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